Labour Costs in Romania increased to 165.40 points in the first quarter of 2020 from 113.80 points in the fourth quarter of 2019.
Labour Costs in Romania averaged 70.20 points from 1995 until 2020, reaching an all time high of 165.40 points in the first quarter of 2020 and a record low of 2.10 points in the third quarter of 1995. This page provides - Romania Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Unit Labour Costs - values, historical data and charts - was last updated on July of 2020.
Labour Costs in Romania is expected to be 120.27 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Romania to stand at 172.84 in 12 months time. In the long-term, the Romania Unit Labour Costs is projected to trend around 127.26 points in 2021 and 131.71 points in 2022, according to our econometric models.